Richard Yamarone
Richard Yamarone
fed hike intent october rate rule
I think for all intent and purposes, you really have to rule out a Fed rate hike on October 5,
driven fed funds higher hike inflation oil people raising rate stop threat
There's only so much a Fed rate hike can do to thwart an inflation threat that's predominantly driven by oil prices. Raising the fed funds rate won't stop people from speculating about higher oil prices,
hike rate
Another rate hike is all but a done deal.
economy fed hikes hit market measured move pace soft
The Fed is going to move at its gradual, measured pace because we've hit an oil-induced soft patch, ... Fifty-basis-point hikes are not right when the economy is skittish and market is jittery about oil.
beginning prolonged
I think it's the beginning of a prolonged slowdown, but not a recession.
caution coming creation diminished economic entire growth guns job month since stellar stick street trend
We caution investors; one month of stellar job creation does not a trend make. And since the entire Street has diminished economic growth projections for 2005, we have to stick to our guns of slower, not stronger, job creation in coming months.
companies hiring holiday last less retailers
Retailers and construction companies just weren't hiring last month. Retailers did less hiring this holiday season.
fed looking raises rates until
Looking at where we are right now, I don't think the Fed raises rates until 2005.
argument backing days knew later nine ridiculous venezuela willing
The argument is that Venezuela is not willing or they're not going to be able to (comply with the cuts). Here it is eight, nine days later and they're already backing out. We knew it wasn't going to last, but this is a little on the ridiculous side.
complaints-and-complaining entered passed stage
We've passed the complaining stage and entered the actionable phase.
above bare business corporate decision forward hesitant necessity number
There are a number of things weighing heavily on corporate decision making. They're hesitant to go forward with anything above the bare necessity to keep their business profitable.
company heard intentions last ten
You haven't heard one story in the last ten months, 12 months, of any company saying, hey, we have intentions of hiring. We're going to be hiring. No company has said that.
december early inflation outlook picture relatively
The December inflation picture may look relatively benign, but the early 2006 outlook is considerably different.
april arrive convinced dedicated energy goods large less march money portion spent tax
We are convinced that a large portion of the tax refunds that are scheduled to arrive in consumers' mailboxes in March and April will be dedicated to these exorbitant energy costs. With that, there'll be less money spent on other goods and services.